Word: cyberport
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...associate with urbanized Hong Kong, but if you're in town on the weekend of Nov. 7-8, you might want to consider it. This being Hong Kong, the grass we're referring to is the expansive roof garden of a commercial podium at the city's digital hub, Cyberport. But no matter, Clockenflap, as the event is known, is a highly enjoyable "music and multimedia festival" now in its second year. It replaces the void left by Rockit, an annual band fest in the city's Victoria Park that sang its last hurrah in 2006. (See pictures of Hong...
...rise of dotcoms. Richard believed satellite transmission of the Internet to TV sets in China and India would be his future, and his Pacific Century Group got $50 million in backing from Intel for that dream in 1998. His next big deal was to develop a high-tech "Cyberport" on a prime piece of land donated by the Hong Kong government--without, strangely, the territory's usual process of taking bids from potential developers. He then created Pacific Century CyberWorks through a so-called back-door listing on the Hong Kong exchange, a procedure in which an existing public company...
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